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Cryptocurrency exchange Gemini has introduced a new $XRP-themed limited-edition credit card in collaboration with Ripple ($XRP).
Announced as Gemini Credit Card – $XRP Edition, the card offers its users the opportunity to instantly earn $XRP on their spending, according to the statement.
The new card offers $XRP rewards at different rates based on spending categories:
- Fuel, EV charging, and public transportation: 4% $XRP
- Meal: 3% $XRP
- Grocery shopping: 2% $XRP
- All other spending: 1% $XRP
Users will also receive a $200 $XRP welcome bonus after spending $3,000 in the first 90 days. The card has no annual fees, foreign transaction fees, or additional fees for crypto rewards.
According to Gemini, the $XRP Edition card comes with Mastercard World Elite and is available in limited quantities for users in the US. The metal card, reflecting the $XRP community in terms of design, features the same functionality as Gemini's existing credit cards but offers a special aesthetic for $XRP enthusiasts.
*This is not investment advice.